Waxman Alan 4
4 · Sixth Street Specialty Lending, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Sixth Street Specialty Lending (TSLX) VP Alan Waxman Buys Shares
What Happened
Alan Waxman, Vice President at Sixth Street Specialty Lending, reported purchases of common stock (Form 4). He acquired 200,000 shares on 2026-03-09 at a weighted-average price of $18.18 ($3.636M) and 45,000 shares on 2026-03-10 at a weighted-average price of $18.47 ($831,150), for a combined ~245,000 shares and ~$4.47 million. These were purchase transactions (code P), which are generally interpreted as a direct purchase (potentially bullish) rather than a sale.
Key Details
- Transaction dates and prices:
- 2026-03-09: 200,000 shares, weighted-average $18.18 (prices ranged $17.865–$18.445 per F1)
- 2026-03-10: 45,000 shares, weighted-average $18.47 (prices ranged $18.27–$18.57 per F2)
- Total reported value: approximately $4,467,150.
- Shares owned after transaction: Not specified in the provided filing.
- Beneficial ownership note: Footnote F3 states the shares are held directly by Sixth Street Specialty Lending Advisers, LLC (the Adviser); Mr. Waxman disclaims beneficial ownership except for any pecuniary interest and is CEO of the entity that manages the Adviser. The filing includes a disclaimer that this report should not be taken as admission of beneficial ownership.
- Signature/authorization: Anton Brett signed on behalf of Mr. Waxman under a Power of Attorney dated March 2, 2026.
- Timeliness: Trades occurred 2026-03-09 and 2026-03-10; the Form 4 was filed 2026-03-11 and appears to have been filed within the typical SEC two-business-day window.
Context
- These were straight purchases (code P) reported on Form 4 — purchases by insiders are often watched by investors as a signal of confidence but do not prove future performance.
- Footnotes F1 and F2 indicate the reported prices are weighted averages from multiple transactions; the filer can provide detail on per-trade prices on request.
- The ownership structure disclosed (Adviser and management entities) suggests the shares are held in an institutional/adviser capacity; Mr. Waxman disclaims full beneficial ownership, which is common in such arrangements.
Insider Transaction Report
Form 4
Waxman Alan
Vice President
Transactions
- Purchase
Common Stock
[F1]2026-03-09$18.18/sh+200,000$3,636,000→ 500,000 total(indirect: By Trust) - Purchase
Common Stock
[F2]2026-03-10$18.47/sh+45,000$831,150→ 545,000 total(indirect: By Trust)
Holdings
- 2,714,266(indirect: See Footnote)
Common Stock
[F3]
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share (the "Shares") were purchased in multiple transactions at prices ranging from $17.865 to $18.445, inclusive. Mr. Waxman ("Reporting Person") undertakes to provide to Sixth Street Specialty Lending, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth above.
- [F2]The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $18.27 to $18.57, inclusive. Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth above.
- [F3]Shares are held directly by Sixth Street Specialty Lending Advisers, LLC ("Adviser"). Adviser is managed by Sixth Street Specialty Lending Advisers Holdings, LLC, the sole member of Adviser. Sixth Street Specialty Lending Advisers Holdings, LLC is managed by TSSP Holdco Management, LLC, which is managed by a board of directors, which is currently comprised of Reporting Person. Reporting Person is the CEO of TSSP Holdco Management, LLC.
Signature
/s/ Anton Brett, attorney-in fact (A)|2026-03-11